BB asks FIs to tighten money laundering rules | The Daily Star
03:57 PM, July 01, 2015 / LAST MODIFIED: 04:03 PM, July 01, 2015

BB asks FIs to tighten money laundering rules

The central bank today issued a master circular asking all financial institutions (FIs) to follow the anti-money laundering and terrorist financing rules strictly.

“There is no big change in the latest circular, it has just consolidated all previous circulars to help FIs understand the issue easily,” Mahfuzur Rahman, executive director and chief spokesman of the Bangladesh Bank, told The Daily Star.

For all latest news, follow The Daily Star's Google News channel.

The master circular will help FIs formalise all previous regulations and check more closely who their customers are, he said.

Stay updated on the go with The Daily Star Android & iOS News App. Click here to download it for your device.

Grameenphone:
Type START <space> BR and send SMS it to 22222

Robi:
Type START <space> BR and send SMS it to 2222


Banglalink:
Type START <space> BR and send SMS it to 2225

Leave your comments

Top News

Top News

Top